611 E 7th ST, Gilroy, CA 95020

$8,550,000
24,573
SqFt

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Listed by Tom Antonopoulos, 408-391-9546 from Real Property Investments
(If provided) CoList: from

List Price
$8,550,000
MLS#
ML82065755
Status
ACTIVE
Sqft. of Residence
24,573
Lot Size
82,764
Listing Area
Morgan Hill / Gilroy / San Martin
Year Built
1966

Property Description

Located in Gilroy, Property is composed of 5 buildings and a large area of land behind the units*All downstairs units have a yard area. There is laminate flooring throughout. The kitchens is equipped with an electric oven range, exhaust fan, hood over the range, and a refrigerator, providing essential appliances for meal preparation. Laundry facilities are coin operated, adding convenience for residents. Cooling is provided by ceiling fans, and heating is managed by electric and wall furnace units. The home includes double pane windows for energy efficiency. There is a two-car garage available for parking and storage. Total parking is 61 spaces, 31 in carport*1.9 acres of lot size*Great unit mix, 2 three bedrooms, 6 one bedroom and 24 two bedroom units*Units are professionally managed*Please note Cap rate!!Conveniently located to Gilroy Outlets, Costco Wholesale, Walmart, and Cal Train Gilroy Station*Just down the street from Eliot Elementary which makes this a great convenience for tenants*

Additional Information

Amenities
None
Cooling System
Ceiling Fan
Energy Features
Double Pane Windows
Floor Covering
Laminate
Foundation
Concrete Slab
Garage Parking
Assigned Spaces, Carport, Detached Garage, Uncovered Parking
Heating System
Electric, Wall Furnace
Laundry Facilities
Coin Operated
Living Area
24,573
Lot Size
82,764
Neighborhood
Morgan Hill / Gilroy / San Martin
Other Rooms
Other
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition
Sewer
Sewer - Public, Sewer Connected
Zoning
R3

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Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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